China's Shandong Gold Group has agreed to purchase 51% of Australian gold miner Focus Metals (ASX:FML) as Chinese appetite for the precious metal intensifies.
Rio Tinto (ASX:RIO) continues the recent spate of mining sector retrenchments with job cuts at its Clermont thermal coal mine in Australia's north-east.
Storied value investor Jean-Marie Eveillard says that the upside for gold will continue as long as the monetary polices of the world's central banks remain "mindless."
BMT WBM, a subsidiary of BMT Group Ltd, has announced its latest project with Canada’s largest mining company, Teck Resources, to deliver its Pulse TerraMetrix RS system.
Canada's Barrick Gold has temporarily suspended operations at its Pierina mine in Northern Peru after violence between a nearby community and police left one person dead and four seriously injured.